Not if acquired bu rights issue or underwriting or creep rules...

Not if acquired bu rights issue or underwriting or creep rules (3% per annum)

Good news is - the depth at 14c istnt there

Anytakeover will need to be 20c +, as most DES holders will be averaged at about this price or higher

Looking at the depth on screen, not hardly enough interest by sellers below 20c

However, existing shareholders buying will only increase the takeover oprice, whilst averaging down our cost of holdings.

Maybe a good time to buy